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20121201
20121231
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Search Results 0 to 16 of about 17 (some duplicates have been removed)
stocking. higher taxes, lawmakers and president obama have left washington for christmas with no deal on tax hikes and spending cuts set to go in effect after the first of the year. brianna keilar is live in hawaii where the president is spending the christmas holiday. brianna, the president maybe a little too optimistic that a deal can be reached? aloha, by the way. >> he did say last night that he is a hopeless optimist that something can get done, but what we know, it's not going to be that big package, obviously of deficit reduction as well as dealing with these tax hikes that are set to kick in. that's not what's going to be happening, instead, he's pressing for something smaller just to a deal with stopping those tax hikes from kicking in for americans making $250,000 per year or less. and also trying to make sure that unemployment benefits are extended. listen to what president obama said last night and also listen to what some of the house republican resistance from speaker boehner to his sort of short-term plan here. >> in the next few days, i've asked leaders of congress to
to doing something about the spending problem in washington and the mounting debt that has resulted. we stand ready to continue to dialogue with this president to actually faced the problem. i hope that you see that our colleagues on the other side of the capital can and do likewise and get serious to try to address the real problem of spending so we can get on to the business of growing this economy and getting people back to work. that of mr. speaker? >> a lot of remarks that you made in favor of the bill from last night would only keep a fraction of tax payers from the tax increase and also the president's proposal. >> the president and i had plenty of conversations. i tell the president monday this is my bottom line. the president told meet his numbers of 1.3 trillion dollars in revenue and $850 million in spending cuts was his bottom line and that he could not go any further. we see a situation where because of the political divide in the country and the political divide in washington trying to bridge the differences has been difficult. if it were easy i guarantee you this with bee
avila, abc news, washington. >> you have to feel for her, too. here's the problem in a nutshell. unlike traditional mortgage. make your payments. equity. a reverse mortgage pays out equity in your home as cash. increases your debt and decreases your equity. that's the problem in a nutshell. that's how the woman got into the situation she did. it sounds good, but like with everything, there is a downside. commercials don't tell you about that. >> h.u.d., discussing two ways to address the problem. unfortunate to see people like that that may not have had all information had it and didn't look at it lose their beloved home. >> gamble with your biggest asset. that's the tough part. we will be back right after this. >> announcer: "world news now" >>> well, there are very few people in music that truly can be called living legend. if anybody embodies that title it has got to be loretta lynn. >> from a coal miner's daughter in butcher holler, kentucky to superstar at age 80. believe it or not she is on tour yet again. here is abc's sharyn alfonsi. ♪ ♪ if that ain't love tell me what isn't
, they're going to make a deal in washington. i lived inside the beltway, have a pretty good network inside the beltway. cantor is worried -- excuse me, not cantor, boehner is worried about not being reelected as speaker of the house. they can't vote on that until january 4th with the new congress on that. cantor wants that job. so i think boehner's going to press for a deal, i think he's going to go ahead and allow president obama to raise taxes to 39.6%, and i think that'll take the edge off the fiscal cliff. david: let's take this discussion out of the beltway and into the real world. the economy, and, jeff, i want to start with you because you're bullish, but if you're so bullish, hy are you downgrading housing right now? >> because our housing team made a really good call on the housing stocks, and they outran their valuations on a short to intermediate-term basis. they downgraded them about two months ago. liz: okay, so where's the money? show it to us. >> i like just about everything except consumer staples. i think industrials look good, i think they are the new consumer sta
and to the extent that anybody is on the sidelines now because of this uncertainty over washington, this kind of deal isn't going to fix any of that for them. and hope for a done deal by the holiday is fading fast. senate majority leader harry reid said today he expects the senate will be back to work the day after christmas. dren gersh, "n.b.r.," washington. >> tom: optimism that speaker boehner's latest offer could get the fiscal cliff talks moving again, helped stocks move nicely higher: the dow rose 100 points, the nasdaq added 39, the s&p up almost 17 points. but with time running out to reach a deal, what happens on wall street, if we go over the cliff? suzanne pratt reports. >> reporter: one thing is for sure, wall street can count. that means investors know there are just nine trading days left until tax hikes automatically take effect across the nation, and hit americans where it hurts: their wallets. and, investors are also aware there are even fewer days before lawmakers are scheduled to leave on holiday break. despite the ticking clock, many investors remain optimistic there will
of voters passed are for rent of 74 proving same-sex marriage. washington joins several other states which now allowed a lead vehicle is the way. >> regression use of marijuana is officially illegal in the state of washington. last night under the people gathered on the space needle for new year's eve style countdown when the measure to the fact. they cheered and lit a joint in unison. public use of marijuana is still bad and selling it is still climb but the police say they'll only issue verbal warnings until further notice. national political figures are point out that smoking pot is still a federal crime. >> a storm drain under the road in lafayette failed to open up a giant hole. the workers had to widen the whole by 10 ft. to place everett support the boulders on top. officials fear soil erosion could push up the story request creek possibly leading to flooding of nearby homes with another storm hit. the road could be close for the entire winter, as crews figure out a plan to replace the drag. >> in the wake of last weekend's rain all of the soap groundings trees are still falling dow
. >>> also this half hour, it is down to the wire in washington, d.c. yes, the fiscal cliff now just four days away. can a last-ditch meeting today really, really lead to a deal? really? >> i hope so, because i'm heading to washington tomorrow. but we're going to bring you another story. you're going to want to see this. a daycare burglary that turns into child's play. oh, man, this boils my blood. the christmas day thieves whose clowning around was all caught on tape. >> unbelievable. yeah, that was one of them riding a little kid's tricycle. >>> later on, britney spears is back. she may be saying goodbye to a $15 million reality tv paycheck. and why this may not be her only personal drama this morning. we have details coming up in "the skinny" and she's part of half of "the skinny" today. britney spears has a lot going on. >> making headlines. >>> first, though, the nation is remembering a war hero this morning. general norman schwarzkopf died yesterday after battling pneumonia. >> president obama called the retired general an american original who stood tall for his country and had a l
around, mike mcintyre. mcintyre less san jose state for colorado. the military goal is in washington d.c. a kickoff set noon. >> public safety officials in east palo alto say that emerges repairs to a levee that separated dozens of homes from the san francisco-quito creek are holding up. the creek or float on sunday night causing mandatory evacuations for seven homes. at least one home was damaged to the point of being uninhabitable. no further work has been scheduled. but the city continues to keep a close eye on the levee. >> all the rain over christmas-a down the southbound side of the upper great highway from lincoln avenue to slow boulevard. a spokesperson at the centers is the department of public works say that the rose flood because the drains cannot handle all the water, especially during a powerful storm. drivers are being forced to take the lower great highway route. the northbound side is still open. officials say that highway close about 60 times a year. it is not known when the southbound side will reopen. >> the storm also brought down a massive tree in the east bay. the
at washington still has downed wires an accident at liberty road and essex ave. it is moving well at the fort mchenry tunnel. on the north side, you are at 55 miles per hour. jfx is 40 miles per hour, 50 at sandy point and light volume into the toll plaza, no delays, hour drive times are looking good on the inner and outer loop. >> a little chilly to start the day because we have the upper 20's across the metro area but it will feel better in the afternoon with much less the wind and a little bit of sunshine with temperatures 41- 45. for tonight, we drop down into the 30's in many areas it is chilly but that is to be expected for the first morning of january with mostly cloudy skies and a sprinkle or flurry as possible. it should be mostly dry and we're watching a new storm system with the rain/snow mx. we will watch out for this on new year's day which is only a 30% chance. nothing should accumulate on the roads. the high temperature to more will be 42 degrees. near 40 for the rest of the week. for now, things are looking quiet. morni morning, the 31st of december, 2012. we here are still a
.m. is a time i want to take a look at what is going on in washington state. they have had a big storm. this was over the weekend. >> there were drivers that were stranded because of the high winds and low visibility. as been ousted as with reconditions is already cost the death of one driver. >> authorities said the roads were so bad that both directions of highway 90 that runs through seattle had to be shut down while the crews are working on applying for the snow. >> president obama will nominate massachusetts senator john kerry as the next secretary of state. the cabinet has been considered a favorite from all sides of the aisle word of the selection comes two days after previous front runner you in an ambassador sunrise to withdrew her name from consideration. gop leaders were angered over accounts wise man about the attack on the u.s. consulate in libya. >> if confirmed carry will praise hillary clinton who will step down in the near future. a formal announcement could come as early as next week. >> house speaker john boehner the offer to raise income-tax rates for americans earn
, remember, they had a plot to murder the saudi ambassador right here in washington. and so when i look at the threat, it's not only this horrible prospect of what would happen to the world if they got a nuclear weapon, but it's what they do every day to try to project their aggressive image and attempt to, you know, influence the world. >> bill and hillary clinton are nothing if not political animals. who knows where the world or the country will be in four years? but it's hard to imagine that if history calls hillary clinton not only to be the first female president, but to be the first husband and wife to ever serve as president and then to maintain democratic control on capitol hill, can you imagine hillary clinton of all people not answering that phone call from history? it's just hard to imagine. >> when she was pressed, she said she would be concerned about her age. she would be 77 years old if she were to be in office two terms. but she has been traveling. she spent the equivalent of a year on the plane. >> just to show you how people are thinking ahead, newt gingrich gave a ver
's not a euphamism for being fired if you say i'm going to spend time with my family? >> no, only in washington when you say stepping down to spend time with your family means you're being fired. there's something really wrong with society. >> we appreciate you being here, ann marie. and happy new year, of course. >>> up next from gangnam style to adele, the hottest music al acts of 2012 after this. treatme. now with a fancy coating that gives you a burst of wildberry flavor. now why make a flavored heartburn pill? because this is america. and we don't just make things you want, we make things you didn't even know you wanted. like a spoon fork. spray cheese. and jeans made out of sweatpants. so grab yourself some new prilosec otc wildberry. [ male announcer ] one pill each morning. 24 hours. zero heartburn. satisfaction guaranteed or your money back. yep...doh. [ boy ] slurpably fun and a good source of calcium. dads who get it, get go-gurt. to make peanut butter so deliciously creamy. ♪ it can even be a game changer. that's why choosy moms and dads choose jif. mom, pop it. ♪ two inches apart, b
Search Results 0 to 16 of about 17 (some duplicates have been removed)

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